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Technical Analysis

AUDUSD H4 | Falling to pullback support
AUDUSD H4 | Falling to pullback support

TitleAUDUSD H4 | Falling to pullback supportTypeBullish BouncePreference:Price is falling towards the pivot point of 0.67014 and could potentially reverse from here; we could see momentum carry price...

Gold Testing Key Resistance Ahead of US PMIs
Gold Testing Key Resistance Ahead of US PMIs

US Data on WatchGold prices are sitting up against the 1973.51 level resistance currently following a strong rally over recent weeks. The market recovered sharply off the July lows, trading higher by...

USDJPY H4 | Falling to support level?
USDJPY H4 | Falling to support level?

TitleUSDJPY H4 | Falling to support level?TypeBearish ReversalPreference:Price is nearing our pivot point of 142.225 which is a pullback resistance level that aligns with 61.8% Fibo retracement,. A...

Bitcoin At a Crossroads: What’s Next?
Bitcoin At a Crossroads: What’s Next?

Gold rebounded from the resistance level of 1980, which is also the broken neckline of the double top. The asset’s price might potentially gain psychological support at the level of 1900, rebound, and...

EUR Tanks As Eurozone PMIs Plunge Further
EUR Tanks As Eurozone PMIs Plunge Further

 German Data Drops AgainEURUSD is trading lower today as EUR comes under heavy selling pressure on the back of a slew of negative data today. The latest round of eurozone PMIs saw factory and...

EURUSD H1 I Potential bearish reversal?
EURUSD H1 I Potential bearish reversal?

TitleEURUSD H1 I Potential bearish reversal?TypeBearish ReversalPreference:Price is rising towards our pivot point of 1.11775  that aligns with 38.2 and 50% Fibo retracement, indicating Fibo...

Strong UK Retail Sales Fail to Halt GBP Waterfall
Strong UK Retail Sales Fail to Halt GBP Waterfall

Consumer Confidence DipsThe latest data out of the UK today painted a very mixed picture. Firstly, the GfK consumer confidence reading was seen printing -30, down from -24 previously and worse than...

What Is US Earnings Season?
What Is US Earnings Season?

What is US Earnings Season?The US earnings season, which happens quarterly, is a key focus point for traders. During this period, companies unveil their financial performance over the prior quarter,...

CAD Retail Sales on Watch Following CPI Fall
CAD Retail Sales on Watch Following CPI Fall

BOC On WatchWith no US data on deck today, the focus will be on Canadian retail sales. With the BOC very much back in the show regarding rate hikes, traders are paying close attention to incoming CAD...